The town of Olds lies in Central Alberta, 61 km south of Red Deer and 90 km north of Calgary, at the intersection between Highway 27 and Highway 2A and along the Canadian Pacific Railway’s Calgary - Edmonton line. 

Thanks to its prime geographical location, Olds is rapidly growing, with a current population of 10,000 residents with an influx of up to 25,000 people daily. It is home to the world renowned Olds College of Agriculture & Technology, one of Canada’s Top 10 Research Colleges.

In cooperation with Olds College of Agriculture & Technology.

Olds is the first town in Alberta that offers its own fibre optic Internet Service Provider, called O-Net, which provides gigabit speeds to all of its residents and businesses.

The growth in terms of prospective inhabitants, as well as the interesting business opportunities for the future and the favourable tax landscape -among the best in the province- are just some of the reasons why Olds is turning into one of the most exciting places to live in Alberta.

Incentives for development:

The Town of Olds offers to prospective developers 0% of assessed property tax in the 1st year after receiving the Occupancy Permit, 25% of the assessed property tax in the 2nd year, 50% in the 3rd year, 75% in the 4th year. Only in the 5th year 100% of the annual property tax will be due. 

And that’s not all: the Town of Olds offers a very fast permitting process. Once the appropriate drawings are complete and submitted, a Development Permit will be granted within 2 to 3 weeks.

This property is ideal for all builders, developers and/or investors wanting to take advantage of the current Canadian housing crisis in a vibrant town with a negative percent occupancy rate. 

The land is ideal for multi-family housing (100 units per acre), and could also fit a wide range of needs: Students’ housing, Retirement homes, Medical/Dental facilities, Hotels, Casinos.

If you want to learn more about development opportunities in Olds, please contact Carl Oram via email at hopper990(at)shaw.ca or call +1 (403)466-8166.

For additional information the Town of Olds offers two dedicated points of contact: 

Brent Williams

Chief Administrative Officer

4512-46 Street, Olds, AB 

+1(403)556-6981

Sandra Blyth

Economic Development Officer

4512-46 Street, Olds, AB 

+1(403) 507-4839